The SEC wrapped up settlements with two ICOs on Friday and published their orders. The ICOs were Airfox and Paragon. Together, they raised over $10 million from a few thousand investors. Following the settlement, they’ll both have to pay a penalty of $250,000 and refund investors’ money. They must also register as securities and report … Continue reading “US SEC Cracks Down on Two More Initial Coin Offerings (ICOs)”
Initial Coin Offerings
CoinSpectator.com: The One-Stop Shop for Cryptocurrency and Blockchain News
News aggregator, CoinSpectator.com has quickly emerged as the one-stop shop for real-time cryptocurrency and blockchain news. It allows investors like me to monitor hundreds, if not thousands of news sources in real-time anytime. Even better, an investor can act on investment tips, initial coin offerings (ICOs) launches, and the latest blockchain news. All from respected … Continue reading “CoinSpectator.com: The One-Stop Shop for Cryptocurrency and Blockchain News”
China Central Bank Attacks Financial Order-Disrupting ICO’s
China has never been a friend to the crypto-verse, but it really despises Initial Coin Offerings (ICO). The Middle Kingdom’s central bank recently released its latest public statement-salvo. It “reminded” Chinese investors that the risks of both cryptocurrencies and ICOs are potentially substantial. The Shanghai-based central bank stated in no uncertain terms what it thinks … Continue reading “China Central Bank Attacks Financial Order-Disrupting ICO’s”
Five Key Questions to Ask before Investing in Cryptocurrency
When it comes to cryptocurrency investing, it’s important to understand the underlying fundamentals with five questions. What is the purpose of coin? Is it quick, reliable technology that’s easy to use? Is there a solid team behind the cryptocurrency? Growing adoption in the press? High demand for coin, or low? What problem does it solve? This is one … Continue reading “Five Key Questions to Ask before Investing in Cryptocurrency”
OKEx Founder Detained on Fraud Charges
Star Xu, the founder of cryptocurrency exchange, OKEx was arrested in relation to suspected digital currency fraud. The WFEE Coin Allegedly, he was part of a fraudulent scheme regarding the WFEE Coin. However, the investigation has shown Xu’s company in Shanghai may not have been not responsible for issuing the currency, as reported by Nulltx.com. … Continue reading “OKEx Founder Detained on Fraud Charges”
World Blockchain Summit Comes to Dubai, Oct 24-25
Dubai is no stranger to world class events. The World Blockchain Summit travels around the world to the most famous cities on the planet. In fact, the two become a match made in heaven as the summit arrives October 24th through October 25th this year. The World Blockchain Summit is famous for traveling to the … Continue reading “World Blockchain Summit Comes to Dubai, Oct 24-25”
“Crypto Assets are Here to Stay,” Says European Commission
The European Commission will conclude a regulatory assessment for the governance of crypto assets, because they are “here to stay.” That’s what Valdis Dombrovskis, vice president of the European Commission just noted. “We also had a good exchange of views on crypto-assets. We see that crypto-assets are here to stay. Despite the recent turbulence, this … Continue reading ““Crypto Assets are Here to Stay,” Says European Commission”
Global Crypto Regulation Possible With Greater Cooperation
There is a greater need for international cooperation between regulators. In fact, it holds the key to have effective regulation in the ICO and crypto industries. These were the thoughts of an official representing the FSS (Financial Supervisory Service) of South Korea. International Cooperation Key for Efficient Regulation The governor of the FSS, Yoon Suk-heun emphasized the … Continue reading “Global Crypto Regulation Possible With Greater Cooperation”
European Lawmaker Wants New Laws for Increased Accessibility of ICOs
A European lawmaker has expressed his belief that new regulations could make ICOs more “accessible” within the EU. In a meeting organized on Tuesday, Ashley Fox, an MEP (Member of the European Parliament) discussed the newly proposed laws for ICOs. These, he believes, could help businesses and individuals get involved in the industry in a … Continue reading “European Lawmaker Wants New Laws for Increased Accessibility of ICOs”
European Lawmakers to Determine Standard Requirements for ICOs
Members of the European Parliament met to discuss a proposal that, if approved, would create new regulations on initial coin offerings (ICOs). In fact, the EU All-Party Innovation Group met to seek the potential benefits and issues with rules for ICOs. This could help form part of a crowdfunding framework. Most importantly, if adopted by … Continue reading “European Lawmakers to Determine Standard Requirements for ICOs”